Beacon’s crowdfunding platform asks readers to personally finance writers.
Freelancing as a journalist can mean exhausting all your contacts, emailing editors with numerous pitches, and fine-tuning pieces to best fit someone else’s audience. What this process doesn’t allow for is letting journalists work on pieces they are passionate about without worrying about it’s marketability.
Enter Beacon, a crowd-funding site for freelancing journalists to post their pet projects for investors to contribute funds. Aspiring writers can earn a salary while working on the pieces they are passionate about, removing the editor-pitching process all together. The system works much like Kickstarter, where writers ask for a specific amount of money in a set number of days. However, each person funds a writer a minimum $5 a month until their project is completed rather than a one-time donation.
The donators also receive some benefits, including access to the work, signed copies of published works, and more. While there have been previous efforts to make crowd-funding sites geared towards writers before, their success has been few and far between. Whether or not this system will hold up longer than its predecessors will depend on its ability to inspire donations, which is seems to be doing quite well thus far.